We're seeing a nice box breakout here, which could indicate a good opportunity for a deeper correction. Therefore, we're setting the target at $91.5 and would continue moving lower until we see another box breakout in the opposite direction. Additionally, there is a major resistance level around the $91.5 zone, which will give us insight into how far NVDA's downtrend might go—or whether this could mark the turning point.
Building and managing multiple projects | Trader & Analyst with 5+ years of experience
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Building and managing multiple projects | Trader & Analyst with 5+ years of experience
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.